Electric Vehicle (EV) Total Cost of Ownership and Grid Integration Tools - Session 1

Workshop under the GEF funded E-mobility Support and Investment Platform for Asia and the Pacific

The IEA is strongly engaged in global energy transitions and in helping countries ensure electricity security, which enables to decarbonise other sectors through electrification of new end uses. In road transport, the shift to electric mobility is ongoing but to meet our climate goals the pace needs to accelerate in parallel with decarbonising electricity. Fortunately, electric mobility is an opportunity for more affordable vehicle ownership and for the power sector thanks to the flexibility of charging. On the other hand, drivers’ range anxiety slows down the uptake of EVs. Addressing this concern requires deploying a range of charging solutions and ensuring seamless integration in the power system.

Under the Global project to Support Countries with the Shift to Electric Mobility, the IEA has developed an interactive web tool to compare the total cost of ownership of operating fossil fuel and electrified vehicles, together with a manual for policy makers on grid integration of EVs and a companion interactive web tool to assess the impact of EV charging on the power system.

During this workshop dedicated to the Asia Pacific platform, these tools will be presented, aiming to support a successful electric vehicle deployment in the region. This first session will focus on the Electric Vehicles: Total Cost of Ownership Tool.